By Curtis Williams (Reuters) -The Trinidad and Tobago government accepted bid recommendations for six of eight onshore oil and gas exploration blocks, people close to the matter said on Sunday, setting the stage for awards to be disclosed as soon as this week. The Caribbean nation has pushed to expand exploration to counter declines in …
Trinidad and Tobago nears awards for onshore oil and gas exploration Read More »
By Gram Slattery and Andy Sullivan WASHINGTON (Reuters) -A handful of hard-right Republican lawmakers said on Monday they would oppose a deal to raise the United States’ $31.4 trillion debt ceiling, in a sign that the bipartisan agreement could face a rocky path through Congress before the U.S. runs out of money next week. Although …
Republicans speak out against US debt-ceiling deal, in sign of rocky road ahead Read More »
NEW YORK (Reuters) – U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to suspend the federal government’s $31.4 trillion debt ceiling, ending a months-long stalemate. But the deal still faces a difficult path to pass through Congress before the U.S. runs out of money to pay its debts …
Investors react to tentative US debt ceiling deal Read More »
By Laura Matthews, Chibuike Oguh and Herbert Lash (Reuters) -Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers strive to pass the agreement through Congress before a June 5 deadline. A deal to lift the $31.4 trillion debt limit announced by the …
Analysis-Debt deal welcomed by investors, though risks loom Read More »
By Canan Sevgili and Libby George LONDON/GDANSK (Reuters) -Turkey’s lira hit fresh record lows against the dollar on Monday, though stocks rallied, after President Tayyip Erdogan secured victory in Sunday’s presidential election, extending his increasingly authoritarian rule into a third decade. Erdogan prevailed despite years of economic turmoil that critics blame on his unorthodox economic …
Turkish lira hits record low, stocks gain after Erdogan secures re-election Read More »
By Joe Cash and Bernard Orr BEIJING (Reuters) – Chinese Commerce Minister Wang Wentao urged Japan to halt semiconductor export controls, calling it a “wrongdoing” that “seriously violated” international economic and trade rules, a statement from his ministry said on Monday. China’s latest condemnation of the export restrictions was made during Wang’s talks with Japanese …
China urges Japan to halt export restrictions on chips Read More »
By Lewis Jackson SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia on Monday ordered nine partners to take leave and overhauled its governance board, as it battles a national scandal over the misuse of confidential government tax plans. The “big four” firm is reeling after a former tax partner consulting on new anti-tax avoidance laws shared confidential …
PwC Australia puts nine partners on leave, overhauls board amid tax leak scandal Read More »
By Moira Warburton, Diane Bartz and Idrees Ali WASHINGTON (Reuters) -U.S. President Joe Biden on Sunday finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025, and said the deal was ready to move to Congress for a vote. “This is a deal that’s good …
Biden says final US debt ceiling deal ready to move to Congress for vote Read More »
(Reuters) – Boeing Co is working on a deal to sell at least 150 737 Max jetliners to Saudi Arabian startup Riyadh Air, Bloomberg News reported on Sunday. The new carrier, wholly owned by Saudi Arabia’s Public Investment Fund (PIF), is looking for about 300 to 400 single-aisle jets in total, the report said, citing …
Boeing looks to sell at least 150 737 Max jets to Riyadh Air – Bloomberg News Read More »
By Ann Saphir (Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee on Sunday welcomed news of a deal to suspend the U.S. debt ceiling, saying failure to forge an agreement would be “extremely negative” for the financial system and broader economy. Interviewed on CBS’s “Face the Nation,” he declined to say whether he would support …
Fed’s Goolsbee says U.S. debt ceiling deal avoids ‘extremely negative’ consequences Read More »
